Broadcom grants performance stock units to CEO Hock Tan and President Charlie Kawwas tied to stock price milestones

Broadcom Inc.

CEO Hock Tan granted up to 1,000,000 PSUs; President Charlie Kawwas granted up to 300,000 PSUs.
Vesting at five years if 20-day average closing price meets or exceeds $825, $950, or $1,125.
Grant date fair value of maximum vesting: $161 million for Tan; $48 million for Kawwas.
PSUs forfeited if stock price fails to reach $825 average during the earning period; no linear interpolation.
Awards aim to align leadership incentives with long-term shareholder value and support pending VMware acquisition.

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